FEHZY (Far East Horizon) Piotroski F-Score: 6 (As of Jun. 27, 2026) — 20% Above Median


FEHZY Far East Horizon Ltd FEHZY
81 GF Score
Price $13.56
GF Value $15.23
! 6 Warning Signs
View Full Analysis

What is Far East Horizon Piotroski F-Score?

Far East Horizon FEHZY 81 Piotroski F-Score is 6 as of Jun. 27, 2026, which is 20% above its 10-year median of 5.00. GuruFocus rates FEHZY with a GF Score™ of 81/100 and a GF Value™ of $15.23. The stock has 6 warning signs investors should review. Among 532 Credit Services companies, Far East Horizon ranks better than 80.83% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Far East Horizon has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Far East Horizon's Piotroski F-Score or its related term are showing as below:

FEHZY' s Piotroski F-Score Range Over the Past 10 Years
Min: 2   Med: 5   Max: 6
Current: 6

During the past 13 years, the highest Piotroski F-Score of Far East Horizon was 6. The lowest was 2. And the median was 5.

Far East Horizon  (OTCPK:FEHZY) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Far East Horizon Piotroski F-Score Related Terms


Far East Horizon Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Far East Horizon's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Far East Horizon Piotroski F-Score Chart

Far East Horizon Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 3.00 6.00 5.00 6.00

Far East Horizon Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 0.00 5.00 0.00 6.00

FEHZY vs V, MA, AXP: Piotroski F-Score Comparison

For the Credit Services subindustry, Far East Horizon's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Far East Horizon Piotroski F-Score vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Far East Horizon's Piotroski F-Score falls into.


FEHZY
81GF Score
Far East Horizon Ltd FEHZY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $552 Mil.
Cash Flow from Operations was $178 Mil.
Revenue was $5,106 Mil.
Gross Profit was $2,419 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (49499.361 + 52669.436) / 2 = $51084.3985 Mil.
Total Assets at the begining of this year (Dec24) was $49,499 Mil.
Long-Term Debt & Capital Lease Obligation was $18,935 Mil.
Total Current Assets was $26,954 Mil.
Total Current Liabilities was $22,278 Mil.
Net Income was $535 Mil.

Revenue was $5,204 Mil.
Gross Profit was $2,356 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (49225.965 + 49499.361) / 2 = $49362.663 Mil.
Total Assets at the begining of last year (Dec23) was $49,226 Mil.
Long-Term Debt & Capital Lease Obligation was $16,491 Mil.
Total Current Assets was $25,784 Mil.
Total Current Liabilities was $23,056 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Far East Horizon's current Net Income (TTM) was 552. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Far East Horizon's current Cash Flow from Operations (TTM) was 178. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=552.095/49499.361
=0.01115358

ROA (Last Year)=Net Income/Total Assets (Dec23)
=534.928/49225.965
=0.01086679

Far East Horizon's return on assets of this year was 0.01115358. Far East Horizon's return on assets of last year was 0.01086679. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Far East Horizon's current Net Income (TTM) was 552. Far East Horizon's current Cash Flow from Operations (TTM) was 178. ==> 178 <= 552 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=18935.268/51084.3985
=0.37066636

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=16491.486/49362.663
=0.33408826

Far East Horizon's gearing of this year was 0.37066636. Far East Horizon's gearing of last year was 0.33408826. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=26953.582/22277.834
=1.20988342

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=25784.472/23056.023
=1.11833997

Far East Horizon's current ratio of this year was 1.20988342. Far East Horizon's current ratio of last year was 1.11833997. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Far East Horizon's number of shares in issue this year was 233.997. Far East Horizon's number of shares in issue last year was 236.852. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=2418.564/5105.568
=0.47371105

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=2355.808/5203.653
=0.45272196

Far East Horizon's gross margin of this year was 0.47371105. Far East Horizon's gross margin of last year was 0.45272196. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=5105.568/49499.361
=0.10314412

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=5203.653/49225.965
=0.10570952

Far East Horizon's asset turnover of this year was 0.10314412. Far East Horizon's asset turnover of last year was 0.10570952. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+0+0+1+1+1+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Far East Horizon has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Far East Horizon (FEHZY) has a Piotroski F-Score of 6 as of Jun. 27, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Far East Horizon and its competitors. This is 20% above median its historical median of 5.00. Over the past decade, Far East Horizon's Piotroski F-Score has ranged from 2.00 to 6.00. According to the industry distribution chart, Far East Horizon ranks #102 out of 532 companies in the Credit Services industry, placing it in the top 19.2%.
Is Far East Horizon's Piotroski F-Score too high?
Far East Horizon's current Piotroski F-Score of 6 is 20% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 6.00. The Credit Services industry median Piotroski F-Score is 5.00. Far East Horizon's value of 6 is 20% above this industry median. Based on the distribution chart, Far East Horizon ranks #102 out of 532 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, Far East Horizon has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Far East Horizon's Piotroski F-Score compare to V and MA?
According to the Credit Services industry distribution chart, Far East Horizon ranks #102 out of 532 companies for Piotroski F-Score. This places Far East Horizon in the top 19% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Far East Horizon's value of 6 is 20% above this benchmark. Historically, Far East Horizon's own Piotroski F-Score has ranged from 2.00 to 6.00 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 5.00, Far East Horizon has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Piotroski F-Score for a Credit Services company?
The median Piotroski F-Score among Credit Services companies is 5.00, based on 532 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Far East Horizon's current Piotroski F-Score of 6 is 20% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Far East Horizon and its competitors. For the Credit Services industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Far East Horizon's current Piotroski F-Score is 6, which is 20% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Far East Horizon stock overvalued right now?
Far East Horizon (FEHZY) has a current Piotroski F-Score of 6. The stock's GF Value™ is $15.23, compared to a current price of $13.56 — trading 11% below its estimated fair value. The current Piotroski F-Score is 6, which is 20% above median its 10-year median of 5.00 and 20% above the Credit Services industry median of 5.00. Far East Horizon's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Far East Horizon (FEHZY), the current Piotroski F-Score is 6 as of Jun. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Far East Horizon (FEHZY) Overvalued in 2026?

Based on GuruFocus' analysis, Far East Horizon stock appears to be undervalued. The current stock price of $13.56 is trading 11% below its estimated GF Value™ of $15.23.

Key valuation signals for FEHZY:

  • Piotroski F-Score: 6 (20% above median its 10-year median of 5.00)
  • GF Value™: $15.23 vs. price of $13.56 (11% below fair value)
  • GF Score™: 81/100 with 6 warning signs
  • Industry Position: 20% above the Credit Services median (#102 of 532)

No single metric tells the full story. See the FEHZY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Far East Horizon Business Description

Other Exchanges 03360:Hong KongF6H:Germany
Address 1 Austin Road West, Units 6706B - 6708A, 67th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Far East Horizon Ltd is a specialty finance provider. Its service offerings include financial leasing and advisory, hospital investment and operation, equipment operation services, trading, and brokerage services as well as engineering management services, etc. The company operates in two segments; financial services and industrial operation. A majority of its revenue is generated from the Financial, lease and advisory segment, which is engaged in providing direct finance leasing, sale-leaseback, factoring, entrusted loans, operating leases and sale of related equipment and materials, advisory services, and construction services. Geographically, the company derives maximum revenue from Mainland China, followed by Hong Kong and other locations.
81GF Score

Get the complete analysis for FEHZY

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.56
Price
$15.23
GF Value